Nasdaq Cancels Over 10,000 trades

In the wake of the stock market’s May 6 plunge, more than 10,000 trades have been canceled, according to the Nasdaq OMX Group (NDAQ). Exchanges including Nasdaq and NYSE (NYX) agreed to cancel “clearly erroneous” trades after hundred of stocks and ETFs lost as much as 99% of their value and then fully recovered in a 20-minute period on Thursday – Reuters

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